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china s steel mills braced for slowdown

China's solid industrial profits tamp trade war worries for now - Yahoo!

China's solid industrial profits tamp trade war worries for now BEIJING (Reuters) - Profits at China's industrial firms rose sharply in May, maintaining the previous month's sizzling pace despite...

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World Steel July Output Skids Despite Record China Production - Yahoo!

Crude steel production from China — the world's biggest steel producer — shot up in July to an all-time high on robust domestic demand, buoyed by government investment in infrastructure. Per the WSA, production in China, which now accounts for more than 60% of the global steel output, spiked 9.1% year over year to 93.4 Mt in July.

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Steel price prints mild gains amid maintenance closures, China trade data

Aug 8, 2022It should be noted that China's trade numbers for June marked upbeat results with the Exports rising the most in the year, which in turn favor the latest Steel price recovery. That said, the ...

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Are U.S. Steel Producers Bracing for a Disappointing Q1? - Yahoo!

The company, in its fourth-quarter call, noted that it expects net income of $160-$180 million for 2019. The guidance reflects a decline from net income of $186 million the company logged in 2018....

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Do Windmills Consume More Energy to Build Than They Ever Produce?

A two-megawatt windmill contains 260 tonnes of steel requiring 170 tonnes of coking coal and 300 tonnes of iron ore, all mined, transported and produced by hydrocarbons.

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China Ramps Up Push to Make World's Biggest Steel Industry Green - BNN

Mar 30, 2021Rebar inventories fell for a second week last week, after more than tripling in 2021, according to Shanghai SteelHome E-Commerce data. Hot-rolled coil futures in Shanghai rose as much as 1% to the highest since contracts began trading in 2014, and were 0.8% higher at 5,368 yuan a ton by 11:30 a.m. local time.

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China slowdown dents commodities | Financial Times

Rahul Baldota, president of the Federation of Indian Mineral Industries, said that Chinese buyers were trying to knock between $25 and $30 off the price of a tonne of ore on contracts that had been...

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China's industrial profits growth slows for fifth month as ... - Yahoo!

BEIJING (Reuters) - Profit growth at China's industrial firms slowed for the fifth consecutive month in September as sales of raw materials and manufactured goods further ebbed, pointing to cooling...

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China's New Trade Tax Regime: A Shift in the Steel Landscape

Jun 20, 2021China has finally annulled the export tax rebate from the earlier 13 percent for some steel products beginning May 1, 2021. Steel products with HS codes 7205-7307 will be affected, which includes hot-rolled coil, rebar, wire rod, hot rolled and cold-rolled sheet, plate, H beams, and stainless steel. Policy 2: Cancellation of import tariffs ...

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Steel price struggles to cheer China support measures amid recession fears

Aug 16, 2022Steel price grinds higher around six-week top amid China's attempt to tame economic slowdown fears. China's state planner braced for more measures to keep the economy afloat as PBOC rate cut ...

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Tata Steel workers braced for 1,200 job cuts - VietNamNet News

The industry blames cheap Chinese imports for a collapse in steel prices. Prime Minister David Cameron has said he will raise the issue with China's president during his UK state visit. The jobs going at Tata Steel are in part of a division that the company failed to sell earlier this year.

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Hot-rolled mess: China's steelmakers hit the skids as car ... - Yahoo!

The slowdown, occurring as overall steel profit margins have dropped 60 percent in the past three months, threatens to push China's entire embattled steel sector further into debt, forcing mills to...

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China's Sudden Pledge to Cut Steel Output Upends Carbon Policy

Apr 20, 2022The China Iron & Steel Association said mills have been asked to cut production amid limited demand. That may hold true now, but it won't be the case once stimulus is unleashed to counter the worst effects of omicron on growth. ... Bracing for Energy Rationing Sep 04, 2022. OPEC+ Faces Output Dilemma as Darkening Economy Unsettles Market Sep ...

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China Slowdown Comes To The Midwest: Anxiety Grips A US Steel Town, As ...

China Slowdown Comes To The Midwest: Anxiety Grips A US Steel Town, As Industry Suffers And Union Faces Off With Management. By Cole Stangler @colestangler 08/27/15 AT 11:06 AM.

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Baltimore area businesses brace for tariffs on steel and aluminum ...

Baltimore area businesses brace for tariffs on steel and aluminum imports By Lorraine Mirabella Baltimore Sun • Mar 02, 2018 at 7:30 pm A day after President Donald Trump announced steep tariffs on...

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Steel price struggles to cheer China support measures amid recession ...

Aug 16, 2022Steel price grinds higher around six-week top amid China's attempt to tame economic slowdown fears. China's state planner braced for more measures to keep the economy afloat as PBOC rate cut fails to impress optimists. An increase in Chinese steel output also challenges metal buyers amid fears of hawkish Fed, sluggish yields. Steel price ...

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2016 Will Be Catastrophic For Dry Bulk: Baltic Dry Index ... - SeekingAlpha

Zhu notes that "China's steel demand evaporated at an unprecedented speed as the nation's economic growth slowed" and "as demand quickly contracted, steel mills are lowering prices in competition...

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The Commodities Feed: Steel profitability struggling - ING Think

Iron ore prices have been reacting to the oversupply concerns with SGX iron ore down 18% so far this month as steel mills may reduce operating rates on low profitability whilst iron ore supplies from Brazil and Australia recover further. Latest data from Customs showed that Chinese iron ore imports recovered 21% MoM to 91.1mt in July 2019.

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China-Led Risk-Off Move, Twitter Meets Musk, Macron Wins - What's ...

Apr 25, 2022Newswires reported panic buying of foodstuffs and other essentials as the city's 21 million inhabitants braced for a lockdown similar to ... while Iron ore futures fell over 10% as traders fretted about the possible closure of the region's steel mills. ... Bloomberg had reported on Friday that China's demand was already running at an ...

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China iron ore falls for third day amid weaker steel

Chinese iron ore futures fell for a third straight day on Tuesday, pressured by a rising mountain of the raw material at China's ports and weaker steel prices. The decline broadened iron ore futures' losses to nearly 11 percent since hitting a record high last month, and could pull down spot prices further after dropping below $90 a tonne ...

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Steel mills bracing for slowdown in demand amid further Covid-19 ...

Apr 28, 2022Steel mills bracing for slowdown in demand amid further Covid-19 restrictions in Beijing The steel market is bracing for the impact of a slowdown in downstream demand in Beijing, where further shutdowns are increasingly likely due to an increase in Covid-19 infections, a mill source based in Hebei told Fastmarkets on Thursday April 28

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China iron ore, steel prices rise, but ample ore stockpiles weigh

Inventory of imported iron ore at China's major ports reached 138.48 million tonnes as of Friday, the most since Aug. 4, according to data compiled by SteelHome consultancy. China's iron ore imports dropped nearly 23 percent in October from a record level the previous month as mills braced for the production cuts.

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Northgate | AggieYell

S. Durkin in 2021. Reckless75; Sunday at 3:45 PM; Replies 23 Views 803. Tuesday at 12:12 PM. Basher22. Interesting statement about Max Johnson. js1105; Aug 12, 2022; Replies 15 Views 2K. Tuesday at 11:16 AM. 819 Ag. 8. Update on the suspended players. Mark Passwaters; Monday at 2:13 PM; Replies 28 Views 1K. Tuesday at 8:32 AM. David123. D.

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CHINA STEEL - csc.tw

China Steel Corporation (CSC) adopted the policies of lowering cost, enhancing product quality, saving energy and differentiating customer services to create competitive advantages. High Resolution Field Emission Scanning Electron Microscope (HRFE-SEM) According to the study undertaken by the World Steel Association (worldsteel), the use of ...

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China's steel mills braced for slowdown | Financial Times

At ground level, steel mills and iron ore traders in China say they do not see a clear light at the end of the tunnel. A key reason behind the sharp drop is China's slowing economic growth, down...

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Iron Ore: Grade is king but the throne will swing - ING Think

The premium between 66% Fe and benchmark 62% Fe iron ore fines has swung dramatically in the last 12 months. From a long-running normal 15% price spread, it is now above 50%. In fact, a steel mill that locked in the 62% price this time last year, but buys at 66% Fe will have lost 3% on the hedge position but pay almost 30% higher on the ...

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CHINA STOCK MARKET - The Economic Times

4 days agoChina's blue-chip stocks hit four-month low as Fed rate hike looms. The CSI 300 Index ended down 0.7%, hitting the lowest level since May 9, while the Shanghai Composite Index edged down 0.2%. ... What will happen to your equity investments if global economy heads for a slowdown? ... Nomura said Indian steel mills cut HRC (hot rolled coil ...

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Steel price struggles to cheer China support measures amid recession ...

Aug 16, 2022Steel price grinds higher around six-week top amid China's attempt to tame economic slowdown fears. China's state planner braced for more measures to keep the economy afloat as PBOC rate cut fails to impress optimists. An increase in Chinese steel output also challenges metal buyers amid fears of hawkish Fed, sluggish yields.

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There's No Engine For Global Growth (China Edition)

China's steel mills braced for slowdown Chinese steel traders are short on good news these days. Prices for steel are falling, demand is poor, loans are hard to come by, and no relief is in sight. "There is just no demand," says one trader in the town of Tangshan. "It's much worse than [the last downturn] in 2008.

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Current Conditions for the Global Steel Industry | S&P Global

Sep 3, 2021A few mill sources expected China's steel output cuts to widen further in late-September or October, mainly as the overall cuts by mid-September have remained insufficient to keep the country's 2021 crude steel output within 2020 levels. During January-July, China's crude steel output was 8%, or 48 million mt, higher on the year.

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HYSS GROUP- Strip,Coil,Sheet,Pipes Fittings,Flang,Seamless Pipe,Welded ...

China extends anti-dumping duties on imports of steel fasteners from EU and UK. Industries 29 Jun 2022. Global stainless steel production for the 1st quarter decreased by 3.8%. Industries 28 Jun 2022. Iron ore in China rose in price after a record decline in 10 sessions. Industries 27 Jun 2022. Steel output in China continued to decline in June ...

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US-China trade war: Pakistan gets chance to boost exports of food ...

In September 2018, with anti-trade measures in full swing, the US targeted the bulk (49.1%) of iron and steel products that it imported from China and imposed additional tariffs on them.

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Steel price prints mild gains amid maintenance closures, China trade data

Aug 8, 2022It should be noted that China's trade numbers for June marked upbeat results with the Exports rising the most in the year, which in turn favor the latest Steel price recovery. That said, the...

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China's manufacturing growth seen picking up slightly in March - Yahoo!

Growth in China's manufacturing sector likely picked up slightly in March as authorities lifted winter industrial pollution restrictions and steel mills cranked up production as construction activity swings back into high gear. The official manufacturing Purchasing Managers' Index (PMI) is expected to have risen to 50.5 in March from February's 50.3, according to a median forecast of 29 ...

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China's construction steel demand likely to remain low for rest of 2022

Aug 11, 2022China's domestic excavator sales were down 24.9% year on year at 9,250 units in July, the second-lowest level so far in 2022 after January, data from the China Construction Machinery Association showed Aug. 11. Domestic excavator sales fell 51.3% year on year to 100,374 units over January-July.

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Is a Tough Q2 Earnings Season in Store for U.S. Steel Stocks?

Moreover, a slowing Chinese economy amid trade war has triggered a slowdown in steel demand in China. Signs of weakness across the country's major steel end-use markets — construction and...

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Sliding Demand For Steel Points To A Slowdown In China's Economy - Forbes

Jun 28, 2021A hint of China's economy slowing after the spectacular growth spurt which followed last year's Covid-19 slowdown has been detected in demand for steel. Orders placed with steel mills for long ...

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'It's no good for China's growth'

Chinese companies are bracing for tougher times as a U.S. slump cuts into sales to the all-important American markets, likely reducing China's own booming growth. IE 11 is not supported.

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China wants to curb steel production. Some say it's 'virtually ... - CNBC

Aug 2, 2021China wants to lower its steel production this year, but that could prove difficult. In the first half of 2021, Chinese steel mills have churned out nearly 12% more crude steel compared to the ...

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Steel producers fear rising China exports - moneycontrol

Leading global steel producers are bracing themselves for a surge in Chinese exports, as a marked slowdown in Asia's largest economy pushes its struggling domestic steelmakers to send more excess ...

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